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"All Time High" marked the return of regular James Bond theme composer John Barry after his absence from the For Your Eyes Only soundtrack. The lyrics were written by Tim Rice and recording and mixing of the track is credited to Stephen Short.[1] The recording of the soundtrack for Octopussy occurred over five days in early April 1983.

The movie's peculiar title negated the possibility of its theme song being based on its title (although Rice would later state: "I think it would have been more interesting if we had tried to write a song called 'Octopussy'"). Instead Barry suggested that Rice submit six potential song titles, and it was from these that "All Time High" was selected. Rice was provided with a copy of the script for Octopussy and also viewed the shooting of some scenes from the movie at Pinewood Studios, Rice visiting Pinewood in mid-December 1982. The completed lyrics for "All Time High" would include the line "We're two of a kind" which in the movie is spoken by the Octopussy (played by Maud Adams) to James Bond (Roger Moore), and the title evidently refers to the key aerial sequences featured in the movie.[2]

Prior to Rita Coolidge being assigned the Octopussy theme a contender was Mari Wilson, a British singer whose retro-image evoked the mid-'60s when the Bond series originated, but Wilson's lack of a US-profile led to a negative decision.[3] In January 1983 the producer of Octopussy: Cubby Broccoli, stated that he hoped to have current hitmaker Laura Branigan sing the movie's theme song, an artist choice which both Barry and Rice have stated would have pleased them. However on March 29, 1983 it was announced that the theme for Octopussy would be performed by Rita Coolidge, a surprising choice in that Coolidge's career peak had occurred some six years previously.[2]

Coolidge recalls that Barbara Broccoli, daughter of Cubby Broccoli and herself the assistant director of Octopussy, was a fan of Coolidge and made a point of playing Coolidge records around her father until "one day [he said], "Who is that? That's the voice I want for the movie.'...in the studio [Tim Rice] was still finishing the song. We were waiting for the lyrics as the track had already been done."[4] The chorus of "All Time High" features a lyric similar to that of Coolidge's #2 hit "(Your Love Has Lifted Me) Higher and Higher" whose lyric "When you wrap your loving arms around me I can stand up and face the world again" is echoed by the "All Time High" lyric "We'll take on the world and win".

"All Time High" was the first theme song from a James Bond movie for which a video was made, the video consisting of footage of Coolidge - shot in soft focus - singing in an apparent Indian palace (in fact the Royal Pavilion at Brighton) intercut with scenes from the movie.[2]

"All Time High" was used as catch phrase in the promotion for its parent movie with posters advertising Octopussy as "James Bond's all time high." Generally unmentioned in reviews for Octopussy, "All Time High" was cited by The Washington Post as "inane...its silly Tim Rice lyrics sung with deadly lethargy by Rita Coolidge."[2]

In the UK, "All Time High" rose no higher than #75 and remains the lowest charting James Bond theme.1 However the track became a major hit in several European countries: Austria - #14; Finland - #11; Germany - #13; the Netherlands - #8; Sweden - #8; and Switzerland - #7: Coolidge had previously only charted in one of these six countries, that being the Netherlands (with "We're All Alone" - #15/1977) which was also the only one of the six countries where she'd chart again ("I Stand in Wonder", #56/1999). Additionally "All Time High" afforded Coolidge a chart record in Australia - #80; Canada - #38, New Zealand - #26, and South Africa - #8; also the track was ranked at #48 in the annual hit parade tally for 1983 in Brazil.

In January 1984 "All Time High" was put forward for consideration for an Academy Award nomination for Best Song in two full page ads run in the entertainment trade papers, these ads also touting the full score of Octopussy. However Octopussy failed to accrue any Academy Award nominations.[2]

According to the Billboard Book of Number One Adult Contemporary Hits by Wesley Hyatt, Coolidge considered "All Time High" to be an unfinished work and customarily would include the song in concert via her backing musicians playing it as an overture rather than singing it as part of her program. However Coolidge did state in 2006: "It is a wonderful song and I am very proud to be a part of that family [of James Bond theme singers]." [4]

"All Time High" was not originally featured on Never Let You Go, the Rita Coolidge album released in October 1983 although it does occur on some pressings. Since 1998, "All Time High" has been included on several Coolidge anthology releases including a 2001 retrospective on Spectrum Records entitled All Time High.

In 2012 Tim Rice described "All Time High" as "not one of the most exciting Bond songs...just a nice, dreamy ballad."[2] However in 2006, when asked "Which song [of yours] has been the biggest earner in terms of royalties?", Rice had first mentioned "Don't Cry For Me Argentina", "Can You Feel the Love Tonight" and "A Whole New World", then added: ""All Time High" is another one that just keeps on earning."[5]